FedNow to Raise Transaction Limit, Offer New Risk Features
FedNow will raise the limit on many of its real-time transactions to $1 million later this summer. It will also...
Stealing Children’s Identities: The Threat That Parents Overlook
In January, hackers launched a cyberattack on what might seem an unlikely target: PowerSchool, a provider of student systems for...
Unzer and Mastercard See an Opportunity for an Open Banking Solution in Europe
Seeing an opening after the shuttering of Paydirekt last year, German payment solutions provider Unzer is introducing Unzer Direct Bank...
Senate Moves to Rein in Crypto ATM Scams
In response to scams involving bitcoin ATMs that cost consumers more than $100 million annually, four Democratic senators have introduced...
American Express Expands Further in China Through Alipay Alliance
American Express’ new partnership with China’s fintech giant Alipay marks a significant step in its expansion into the lucrative and...
Ghost Ransomware Attacks Target Outdated Systems
The current wave of ransomware attacks from the Chinese hacking operation known as Ghost infiltrates systems by exploiting vulnerabilities in...
D.C. May Experiment with Swipe Fee Limits
Washington, D.C., could be the next jurisdiction to tackle credit card swipe fees. According to an exclusive from Axios, 13...
Gen Z Has More Credit Cards—and Uses Them More—Than Other Generations
Younger consumers in Texas are more likely to own credit cards than previous generations at the same age, and they...
Despite Popularity in Europe, Pay-by-Bank Still Lags in North America
Pay-by-bank payment methods appeal to less than one-third of Canadians, except among newcomers to the country. This trend reflects a...
Chase to Ban Zelle Payments Involving Social Media
JPMorgan Chase is taking proactive measures against fraud on peer-to-peer payments by pre-emptively canceling Zelle payments associated with social media...
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